Posts Tagged ‘latest muslim world news’

Israel concerned over US ‘umbrella’ on Iran

by Ahmad Bukhari
July 23rd, 2009

JERUSALEM – A series of failed tests of a joint U.S.-Israel anti-missile system raised new questions Thursday about the U.S. goal of providing an “umbrella” to defend its allies against an Iranian nuclear attack.

The technological setbacks also drew renewed attention to Israel’s concerns about a nuclear-armed Iran and the possibility that it might lean further in the direction of a go-it alone strike against the country’s atomic facilities.

Secretary of State Hillary Clinton’s offer this week of a “defense umbrella” over its Gulf Arab allies to prevent Tehran from dominating the region “once they have a nuclear weapon” was widely seen in Israel as an acceptance of a nuclear-armed Iran. She later tried to dispel that view, but her comments sparked criticism by Israeli officials.

Israel considers Iran its most dangerous enemy because of its nuclear program, long-range missile development and repeated …

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Economic Developments in Dubai

by Samira Anvar
July 22nd, 2009

By The Associated Press (AP) – 11 hours ago

“DUBAI, United Arab Emirates — Dubai’s government said it is creating a “financial support fund” charged with managing and distributing $20 billion worth of state funds to cash-strapped companies in the emirate.

In a statement announcing the fund, Finance Department Director General Abdulrahman al-Saleh said the payouts will be provided to government-linked companies as loans based on their projects’ “strategic and developmental importance” to the city-state.

Once-booming Dubai and its vast web of state-sponsored companies are deep in debt and struggling because of the global downturn. The government has said it and its related companies owe some $80 billion, although a precise breakdown of the debt pile has not been made public.”

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Deadly blasts hit Indonesia hotels

by Ahmad Bukhari
July 16th, 2009

At least nine people have been killed and scores injured in bomb blasts at two luxury hotels in the Indonesian capital, according to the Indonesian security minister.

Widodo Adi Sucipto confirmed that two explosions at the Ritz-Carlton and JW Marriott hotels in Jakarta on Friday morning were caused by “high explosive bombs”.

A New Zealander was among those killed and 13 other foreigners were among the 50 people injured in Friday morning’s blasts, the minister told reporters at the scene of the blasts.

The first blast went off at the Marriott around 8am on Friday and the second hit the Ritz-Carlton about 1km away just a few minutes later, as people were having breakfast at a crowded restaurant.

Arief Wahyunadi, the police operational chief, said the bombs were planted in the Ritz-Carlton’s Air Langga restaurant and the basement of the Marriot.

Al Jazeera’s Step Vaessen, reporting from outside the Ritz-Carlton, where there …

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Recent Discussions

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